ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Saturday, February 19, 2011

Scan 18 Feb 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIRASIA BHDLong2/18/20112.761039340031.173324
BURSA MALAYSIA BHDLong2/18/20118.3151390037.563531
KPJ HEALTHCARE BHDLong2/18/20113.820630023.662826
LONDON BISCUITS BHDLong2/18/20111.0625780022.452724
MBM RESOURCES BHDLong2/18/20113.357540026.993326
MMC CORPORATION BHDLong2/18/20112.94138810021.132821
SMR TECHNOLOGIES BHDLong2/18/20110.0914710024.582723
ENCORP BHDShort2/18/20110.9417460023.242131
JOHAN HOLDINGS BHDShort2/18/20110.38532190020.481920
MINETECH RESOURCES BHDShort2/18/20110.1612160022.052224
MULTI VEST RESOURCES BHDShort2/18/20110.5224240025.61920
SCOPE INDUSTRIES BHDShort2/18/20110.1112690036.152835

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